Bernard Lawrence Madoff ran the largest Ponzi scheme in history, with his firm having two basic units: a stock brokerage and an asset management business. Madoff founded a penny stock brokerage in 1960, which grew into Bernard L. Madoff Investment … Continue reading Bernie Madoff – The Man Who Made The Biggest Ponzi In History
Ofgem has asked suppliers to review the use of court warrants to enter the homes of customers in arrears. Prepayment meters are more expensive than direct debit, but are sometimes the only option for people who struggle to pay. Chris … Continue reading Energy Companies Warned Over Pre-payment Meters by Regulator
Bank Reserve Deposits – How Money is ‘Really’ Created. More than 97% of all the money in the economy exists as bank deposits – and banks create these deposits simply by making loans. Every time someone takes out a loan, new money is created. Even among … Continue reading How Do The Banks Create Money?
The design of the new English banknotes, which will include an image of King Charles III, has been made public for the first time by the Bank of England. In 2024, it’s anticipated that the new bills will start to … Continue reading King Charles III Banknotes Unveiled
Our campaign for wealth taxes has hit a nerve among those who advise the super rich. “At the first hint” of a wealth tax, The Express wrote on Sunday, “private jets will be lining the tarmac.” Quoting our analysis, the newspaper interviewed wealth … Continue reading Tax Justice UK Update
“If you care about your postie, you’ll support the Royal Mail strike” says Dave Ward of the Communications Workers Union . Postal workers across the country have been on strike for four months over pay. They are protesting against the … Continue reading CWU Chief Asks Public To Support Local Postal Staff